Signed Under Duress (Explained: All You Need To Know)
Incorporated.Zone » Contract Law
by Editorial Staff
2y ago
Looking for Signed Under Duress? What does it mean to sign under duress? What can be done if you were forced to sign a contract? In this article, I will break down the notion of Signing Under Duress so you know all there is to know about it! Keep reading as we have gathered exactly the information that you need! Let me explain to you all you need to know about signing under duress!! Are you ready? Let’s get started! Signed Under Duress Meaning Signing under duress means that you were “forced” or “coerced” to sign a document or contract. When that happens, the document or contract you ..read more
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Acceptance In Contract Law (All You Need To Know)
Incorporated.Zone » Contract Law
by Editorial Staff
2y ago
Looking for Acceptance In Contract Law? What does acceptance mean in contract law? How does it work? In this article, I will break down the meaning of Acceptance In Contract Law so you know all there is to know about it! Keep reading as I have gathered exactly the information that you need! Let me explain to you what it means to accept a contract once and for all! Are you ready? Let’s get started! What Is Acceptance In Contract Law Acceptance in contract law refers to a party’s (the offeree) willingness or agreement to be legally bound by the terms and conditions of an offer presented ..read more
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Novation Contract (Meaning: All You Need To Know)
Incorporated.Zone » Contract Law
by Editorial Staff
2y ago
Looking for Novation Contract? What does novation mean in contracts? How does it work? In this article, I will break down the meaning of Novation Contract so you know all there is to know about it! Keep reading as I have gathered exactly the information that you need! Let me give you the novation definition so you know what it is and why it matters! Are you ready? Let’s get started! What Is Novation Contract  The term novation in contract refers to the process where the contracting parties agree to replace one or more contracting parties with another. In the English dictionary, t ..read more
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Offer And Acceptance (Contract Law: All You Need To Know)
Incorporated.Zone » Contract Law
by Editorial Staff
2y ago
Looking for Offer And Acceptance? What is offer and acceptance in contract law? What are the essential elements you should know! In this article, I will break down the meaning of Offer And Acceptance so you know all there is to know about it! Keep reading as I have gathered exactly the information that you need! Let me explain to you what offer and acceptance means and why it matters! Are you ready? Let’s get started! What Is Offer And Acceptance Offer and acceptance is a fundamental rule in contract law stating that for a contract to be legally formed and binding, there must be an “o ..read more
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Act of God Clause (Legal Definition: All You Need To Know)
Incorporated.Zone » Contract Law
by Editorial Staff
3y ago
What is an Act of God Clause? How do you legally define it? What are the essential elements you should know! In this article, we will break down the definition of an Act of God Clause so you know all there is to know about it! Keep reading as we have gathered exactly the information that you need! Let’s dig into our contracts, contract drafting, and legal dictionary! Are you ready? Let’s get started! What Is An Act of God Clause An “Act of God” clause or force majeure clause is a contractual provision where the parties attempt to limit their liability in the event of nonperformance of ..read more
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Commercial Impracticability (What It Is And How It Works)
Incorporated.Zone » Contract Law
by Editorial Staff
3y ago
What is Commercial Impracticability? How do you legally define it? What are the essential elements you should know! In this article, we will break down the legal definition of Commercial Impracticability so you know all there is to know about it! Keep reading as we have gathered exactly the information that you need! Let’s dig into commercial contracts and contract law! Are you ready? Let’s get started! What Is Commercial Impracticability Commercial impracticability means that a party performance under the contract is “impractical” and cannot be executed either due to impossibility or ..read more
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Rescission of Contract (Legal Definition: All You Need To Know)
Incorporated.Zone » Contract Law
by Editorial Staff
3y ago
What is Rescission of Contract? How do you rescind a contract? What are the essential elements you should know! In this article, we will break down the legal definition of Rescission of Contract so you know all there is to know about it! Keep reading as we have gathered exactly the information that you need! Let’s dig into our contract law knowledge! Are you ready? Let’s get started! Rescission of Contract Overview In contract law, to rescind a contract or rescinding contract refers to an equitable remedy where a contracting party seeks to cancel the contract that was entered into. In ..read more
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UCC Article 2 (Sale of Goods Overview: All You Need To Know)
Incorporated.Zone » Contract Law
by Editorial Staff
3y ago
What is UCC Article 2? How do you legally define it? What are the essential elements you should know! In this article, we will break down the legal definition of UCC Article 2 so you know all there is to know about it! Keep reading as we have gathered exactly the information that you need! Let’s dig into our UCC law knowledge! Are you ready? Let’s get started! Uniform Commercial Code The Uniform Commercial Code (or UCC) is a statute governing essentially all commercial transactions in the United States applicable “uniformly” within all the American states. What’s unique with the UCC i ..read more
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A Material Breach Occurs When Performance Is Substantial, But Not Complete. (Answer)
Incorporated.Zone » Contract Law
by Editorial Staff
3y ago
A material breach occurs when performance is substantial, but not complete… Need an answer? Let’s do a pop quiz? In this article, we will break down the question “A material breach occurs when performance is substantial, but not complete.” so you know all there is to know about it! Keep reading as we have gathered exactly the information that you need! Let’s dig into our contract law knowledge! Are you ready? Let’s get started! A material breach occurs when performance is substantial, but not complete. Question: Do you have a material breach when a contracting party has substantially ..read more
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Witness Signature (Legal Definition: All You Need To Know)
Incorporated.Zone » Contract Law
by Editorial Staff
3y ago
What is a Witness Signature? How do you legally define it? What are the essential elements you should know! In this article, we will break down the legal definition of Witness Signature so you know all there is to know about it! Keep reading as we have gathered exactly the information that you need! Let’s dig into our contracting and signature requirements! Are you ready? Let’s get started! Witness Signature Overview In some situations, legal documents (such as contracts and wills) must be signed in front of a third-party witness. You may come across legal documents where there are tw ..read more
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